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Author Topic: [ANN] Pundi X - Any store can buy, sell and accept Cryptocurrency  (Read 89072 times)
Spider A4
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May 04, 2019, 03:58:03 PM
 #4981


Still, i am in great confusion what are the major difference between FX and NPXS because why many people are expecting the price of FX will cross more than 1$ and why not the NPXS coin? Whether all the NPXS token will be migrated to FX or not?

One major difference is FX will have it's own blockchain. People are expecting FX will cross $1 because the supply is much lower. No both FX and NPXS will coexist.
Function X (FX) coin will be deserve 1$-5$ if total supply is 378,604,525 FX it's too difficult to cross for major supply. Now most of the Pundian covert NPXS to FX. Bittrex was first choice when i have seen this i think really pretty exchange. Pundi team making another big project.

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May 04, 2019, 04:05:20 PM
 #4982

Pundi X token has been at nearly the same price for well over a year: https://coinmarketcap.com/currencies/pundi-x/

Not sure why this token is not succeeding.

Please can somebody list what the actual assets this project has and what has it achieved (milestones etc) that it can consider a success?

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May 04, 2019, 04:31:19 PM
 #4983

Pundi X token has been at nearly the same price for well over a year: https://coinmarketcap.com/currencies/pundi-x/

Not sure why this token is not succeeding.

Please can somebody list what the actual assets this project has and what has it achieved (milestones etc) that it can consider a success?

That's why it's more profitable to swap tokens with F(x) as the price is high and exchange rate is not that bad as per the price. Pundi's value hasn't increased since May 2018 when 1 NPXS was worth $0.012 and now it's $0.0006. I received my tokens last year and did not sell them thinking they may be worth more. My loss.

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May 04, 2019, 04:37:13 PM
 #4984


Dear Pundians, on May 11, we will execute Q1 2019 token removal. A total of approximately 14.5 billion tokens (7.5 billion #NPXS and 6.9 billion tokens #NPXSXEM) will be removed from the total supply.


https://twitter.com/PundiXLabs/status/1124628765827403776
This is the first time token removal or second time i am bit confused. Because several months ago i have seen another token removal announcement in pundi official telegram channel. Again this are new announcement i think https://link.medium.com/vNBdLELHpW

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May 04, 2019, 04:49:57 PM
 #4985


Dear Pundians, on May 11, we will execute Q1 2019 token removal. A total of approximately 14.5 billion tokens (7.5 billion #NPXS and 6.9 billion tokens #NPXSXEM) will be removed from the total supply.


https://twitter.com/PundiXLabs/status/1124628765827403776
This is the first time token removal or second time i am bit confused. Because several months ago i have seen another token removal announcement in pundi official telegram channel. Again this are new announcement i think https://link.medium.com/vNBdLELHpW



They did token swaps in the past, there is confusion for investors that do not actively follow the channels.

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May 04, 2019, 06:01:53 PM
 #4986


Dear Pundians, on May 11, we will execute Q1 2019 token removal. A total of approximately 14.5 billion tokens (7.5 billion #NPXS and 6.9 billion tokens #NPXSXEM) will be removed from the total supply.


https://twitter.com/PundiXLabs/status/1124628765827403776
This is the first time token removal or second time i am bit confused. Because several months ago i have seen another token removal announcement in pundi official telegram channel. Again this are new announcement i think https://link.medium.com/vNBdLELHpW

Is token removal is token burning? I don't know much about this,
and what are the benefits of removing NPXS and NPXSXEM tokens?

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May 04, 2019, 07:26:08 PM
 #4987

Is token removal is token burning? I don't know much about this,
and what are the benefits of removing NPXS and NPXSXEM tokens?

What happens to your tokens if you miss the swap date?

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May 04, 2019, 07:44:09 PM
 #4988

Is token removal is token burning? I don't know much about this,
and what are the benefits of removing NPXS and NPXSXEM tokens?

What happens to your tokens if you miss the swap date?

There is no swap but it's the token removal. NPXS and NPXSEK token holders are not affected by it. It will probably reduce the number of converted NPXS tokens from the supply.

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May 04, 2019, 07:53:15 PM
 #4989

There is no swap but it's the token removal. NPXS and NPXSEK token holders are not affected by it. It will probably reduce the number of converted NPXS tokens from the supply.

So NPXS holders can ask for their tokens to be removed and in exchange receive FX tokens instead?

Is that how it works?

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May 05, 2019, 09:54:20 AM
 #4990

There is no swap but it's the token removal. NPXS and NPXSEK token holders are not affected by it. It will probably reduce the number of converted NPXS tokens from the supply.

So NPXS holders can ask for their tokens to be removed and in exchange receive FX tokens instead?

Is that how it works?

Not exactly. NPXS holders can swap their tokens for FX tokens while this token removal is a different case which won't affect any current holders.

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May 05, 2019, 10:02:59 AM
 #4991

There is no swap but it's the token removal. NPXS and NPXSEK token holders are not affected by it. It will probably reduce the number of converted NPXS tokens from the supply.

So NPXS holders can ask for their tokens to be removed and in exchange receive FX tokens instead?

Is that how it works?

Pundi X call it tokken removal but it is a coin burn. All all the tokkens that was converted from  NPXS TO FX will be burned. Now they will burn 7.5billion tokkens from the converted coins. Of cours will not the holders be effected by this. This coins will be dead and the price of NPXS will hopfully raice. And the sme thing will be done for all the coins that are converted in May and the same in June.

Q1 2019 NPXS and NPXSXEM token removal:

As announced, the Q1 2019 NPXS and NPXSXEM token removal will take place in the second week of May. To combine the result of both NPXS / NPXSXEM utilization and NPXS / NPXSXEM conversion to FX from April 16–30, the removal amount will be executed as follows:

The NPXSXEM removal amount is 6,952,786,956.99 (6.9B)
The NPXS removal amount is 7,592,770,954.46 (7.5B)


As announced, the Q1 2019 NPXS and NPXSXEM token removal will take place in the second week of May. To combine the result of both NPXS / NPXSXEM utilization and NPXS / NPXSXEM conversion to FX from April 16–30, the removal amount will be executed as follows:

The NPXSXEM removal amount is 6,952,786,956.99 (6.9B)
The NPXS removal amount is 7,592,770,954.46 (7.5B)

https://medium.com/pundix/q1-2019-npxs-and-npxsxem-token-removal-77f8b90b0069
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May 05, 2019, 10:26:25 AM
 #4992

There is no swap but it's the token removal. NPXS and NPXSEK token holders are not affected by it. It will probably reduce the number of converted NPXS tokens from the supply.

So NPXS holders can ask for their tokens to be removed and in exchange receive FX tokens instead?

Is that how it works?

Not exactly. NPXS holders can swap their tokens for FX tokens while this token removal is a different case which won't affect any current holders.
Thank you very much for the explanation about that and with your explanation, I understand quite well, and most importantly, keep abreast of the latest news so as not to miss further information
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May 05, 2019, 10:37:12 AM
 #4993

This token removal is in fact token burning which they collected by conversion and fees and has no impact on current holders. These 14 billions approximated will be taken out of current supply which means more less circulating supply. That swap about what people are talking which take place once mainnet of FX coin will be launched later. We have time for that and swap will be announced once that is ready.


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May 05, 2019, 12:11:40 PM
 #4994

There is no swap but it's the token removal. NPXS and NPXSEK token holders are not affected by it. It will probably reduce the number of converted NPXS tokens from the supply.

So NPXS holders can ask for their tokens to be removed and in exchange receive FX tokens instead?

Is that how it works?

Not exactly. NPXS holders can swap their tokens for FX tokens while this token removal is a different case which won't affect any current holders.

Am I correct in saying that the end aim for the long run is for NPXS to re removed and replaced completely with FX?

I think they do not want both NPXS and FX tokens to be running together and prefer to have one identifier token.

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May 05, 2019, 01:23:22 PM
 #4995

Shouldn't they have sent the monthly unlocked tokens already? I saw in twitter that binance has already distributed April NPXS how come they sent it before pundix team.


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May 05, 2019, 02:20:14 PM
 #4996

Shouldn't they have sent the monthly unlocked tokens already? I saw in twitter that binance has already distributed April NPXS how come they sent it before pundix team.

https://etherscan.io/address/0x19e0466a18e5a375621b327ce781c64b84443a1b#tokentxns

Is in full swing
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May 05, 2019, 05:45:40 PM
 #4997

There is no swap but it's the token removal. NPXS and NPXSEK token holders are not affected by it. It will probably reduce the number of converted NPXS tokens from the supply.

So NPXS holders can ask for their tokens to be removed and in exchange receive FX tokens instead?

Is that how it works?

Not exactly. NPXS holders can swap their tokens for FX tokens while this token removal is a different case which won't affect any current holders.

Am I correct in saying that the end aim for the long run is for NPXS to re removed and replaced completely with FX?

I think they do not want both NPXS and FX tokens to be running together and prefer to have one identifier token.

What you say here is WRONG NPXS will be used on the XPOS and the FX will be used on the Xphone. FX will work like fuel for NPXS just like we see with many other coins.
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May 05, 2019, 05:49:13 PM
 #4998

This token removal is in fact token burning which they collected by conversion and fees and has no impact on current holders. These 14 billions approximated will be taken out of current supply which means more less circulating supply. That swap about what people are talking which take place once mainnet of FX coin will be launched later. We have time for that and swap will be announced once that is ready.

All NPXS holders can choose to convert theyr NPXS to FX after the staking/converting period is over. That option will never be closed. I think even some xchanges will support this in the future.
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May 05, 2019, 06:02:38 PM
 #4999

i received %5 this month from binance.

wasnt i supposed to get %11 of my balance at binance?
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May 05, 2019, 07:13:39 PM
 #5000

i received %5 this month from binance.

wasnt i supposed to get %11 of my balance at binance?

IMPORTANT NOTE:
If holders want to receive the optimal amount of the monthly unlocked tokens, we strongly recommend to keep NPXS/NPXSXEM in your private wallet (not on an exchange wallet) as previously suggested.
Due to technical limitations, we want to remind that keeping NPXS/NPXSXEM in the exchanges cannot guarantee that you will receive the optimal amount of the monthly unlocked tokens. We expect there will be a discrepancy in the number of tokens unlocked between exchanges and for those stored in private wallets. Therefore, we highly recommend that you store your NPXS/NPXSXEM tokens in your private wallets to receive the full amount of the remaining unlocked tokens. We will not be held responsible for any discrepancy that occurs due to token holders storing their NPXS/NPXSXEM tokens in supported exchanges.
You will NOT receive monthly unlocked tokens if you do NOT keep NPXS/NPXSXEM in the supported wallets or in the exchanges listed above.

https://medium.com/pundix/ann-accelerated-unlock-and-changes-to-the-release-times-of-monthly-npxs-and-npxsxem-unlocked-5aff114af69f
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